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Philippines' Jollibee buys Coffee Bean for $100 million in overseas push
YAHOO! News - 2019-07-24
MANILA (Reuters) - Philippines' Jollibee Foods Corp (JFC ... will be Jollibee's largest and most multinational so far with business presence in 27 countries," Jollibee Chairman Tony Tan Caktiong ...

Bill renewing ABS-CBN franchise refiled in House
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- A bill granting TV network ABS-CBN a fresh 25-year franchise has been refiled in the House of Representatives, seven months before its existing ...

Indonesian couple carried out Jolo cathedral suicide bombing - authorities
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- Authorities on Wednesday confirmed that an Indonesian couple was the culprit in the Jolo Cathedral twin bombing that killed 23 people in January.

Duterte seen to OK higher cigarette taxes this week
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- President Rodrigo Duterte is expected to sign this week a legislative measure increasing cigarette taxes. "I was told it will be signed this week ...

Ombudsman orders probe into alleged corruption in Customs
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- The Office of the Ombudsman has ordered an "in-depth" investigation into the purported corruption in the Bureau of Customs. In a statement, the ...

Gear Up for the Biggest Transportation and Logistics Convention This July 24 - 26
Philippine Daily Inquirer - 2019-07-24
Head on to SMX Convention Center this July 24 - 26 for the biggest gathering of the movers and shakers in transportation industry. The Four co - located shows, PhilAuto - An international ...

US sales coach Jack Daly to meet local startups in Manila
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- More and more Filipinos are starting their own businesses, but how can they level up their reach and be a cut above the rest? Entrepreneurs ...

Abu Sayyaf bomber caught in Zamboanga Sibugay
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- A rebel bomber from the Abu Sayyaf Group (ASG) was caught in Zamboanga Sibugay Wednesday morning, the military said. Isnaji Hasim allegedly worked under ...

Metro Manila, nearby provinces to have thunderstorms on Wednesday afternoon - Pagasa
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines - Moderate to heavy rain is expected in Metro Manila and in the nearby provinces of Laguna, Batangas and Quezon on Wednesday afternoon, the state weather agency said.

Duterte EO extends duty-free importation of capital equipment
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines -- President Rodrigo Duterte has issued an Executive Order (EO) extending to three years the duty-free importation of capital equipment, spare parts and accessories by Board ...

PNP to verify reports on foreign terrorists working with ASG in Mindanao
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines -- The Philippine National Police (PNP) said it has yet to verify reports of seven foreign terrorists suspected to be in southern Philippines working with local terrorist ...

Duterte to sign measure to further hike tobacco excise tax this week
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines -- President Rodrigo Duterte will sign this week a proposed law that will increase further the excise taxes on tobacco products, a measure that the Chief Executive has ...

'End endo' bill needs tweaking - NEDA
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- The National Economic and Development Authority (NEDA) has recommended some adjustments to the bill prohibiting labor contracting, which lapses into law ...

Philippines' Jollibee buys Coffee Bean for $100 mln in overseas push
Nasdaq - 2019-07-24
MANILA, July 24 (Reuters) - Philippines' Jollibee Foods Corp (JFC ... of Coffee Bean & Tea Leaf will be Jollibee's largest and most multinational so far with business presence in 27 countries," Jollibee Chairman Tony Tan Caktiong said in a statement ...

Catholic church vs. reimposition of death penalty: Solons should work for the people, not Duterte
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- The Catholic church warned solons against passing the law to restore death penalty just to grant every whim of President Rodrigo Duterte. The Catholic ...

Asian stocks rise on report of revived US-China trade talks
Philippine Daily Inquirer - 2019-07-24
BEIJING - Asian stock markets rose Wednesday following a report U.S. and Chinese trade envoys will meet for talks next week. Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney all advanced.

Chinese media hails Duterte's South China Sea policy
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- Drawing criticisms from his home country, President Rodrigo Duterte has earned the praises of the Chinese media for his policy of restraint on the South ...

House minority leader affirms stance vs anti-discrimination bill
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- A Manila lawmaker returning to the House of Representatives after a nine-year hiatus is standing pat on his opposition to a bill which seeks to shield ...

Jollibee to acquire entire Coffee Bean & Tea Leaf chain
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- Philippine fast food giant Jollibee Foods Corp. (JFC) will be acquiring The Coffee Bean & Tea Leaf (CBTL) through a $100-million investment. The listed ...

How China is slowly expanding its power in Africa, one TV set at a time
CNN Philippines - 2019-07-24
(CNN) -- In the outskirts of Nairobi, Kenya, Michael Nganga is watching a Chinese Kung Fu movie. His small home in Limuru village doesn't have running water and its walls are made from corrugated ...

How China is slowly expanding its power in Africa, one TV set at a time
CNN Philippines - 2019-07-24
Angela Lewis, a PhD candidate in the international communications department of Nottingham University in Ningbo ... from the Ministry of Commerce to operate in foreign countries' radio and TV industries. Furthermore, China's state-owned EXIM bank has ...

Philippines' Jollibee Buying U.S. Firm Coffee Bean for $100 Million
New York Times - 2019-07-24
MANILA -- Philippines' Jollibee Foods Corp said on Wednesday it is buying U.S. brand Coffee Bean & Tea Leaf for $100 million. Jollibee said in a stock exchange disclosure it would acquire 100 percent of the Los Angeles-based specialty coffee and tea brand ...

SE Asia Stocks-Most gain on revival of trade hopes; Philippines dips on profit-taking
Reuters - 2019-07-24
Vietnam index extend gains to its highest in over three months * Financials, Jollibee Foods drag Philippine stocks lower By Anushka Trivedi July 24 (Reuters ... the operations of Smashburger - the business they invested on and acquired is expected ...

Death by firing squad, hanging unconstitutional - Sotto
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines - Senate President Vicente "Tito" Sotto III rejected on Wednesday the proposal to impose death penalty either by firing squad or hanging for being unconstitutional.

House minority leader backs longer terms for lawmakers, local execs
CNN Philippines - 2019-07-24
Metro Manila (CNN Philippines, July 24) -- Newly-minted House Minority Leader Bienvenido "Benny" Abante is in favor of extending the terms of office of lawmakers and local government ...

Pacquiao hits back after Mayweather post, poses rematch challenge
philstar.com - 2019-07-24
MANILA, Philippines -- Manny Pacquiao was quick to retaliate following Floyd Mayweather's lengthy Instagram post on Wednesday. Tweeting on his official account, Pacquiao called out the American boxer. .@FloydMayweather You come to my fight and then use my ...

Facebook to fix kids app flaw allowing chats with strangers
philstar.com - 2019-07-24
SAN FRANCISCO, United States -- Facebook acknowledged Tuesday that a flaw in its Messenger Kids service allowed children get into group chats with people who were not approved by their parents. The leading social network said it has been shutting down the ...

China not in possession of sea but in position, says Esperon
Philippine Daily Inquirer - 2019-07-24
MANILA, Philippines -- National Security Adviser Hermogenes Esperon Jr. on Tuesday denied that China is "in possession" of the West Philippine Sea, as President Rodrigo Duterte claimed in his ...

Police: Indonesian couple carried out Jolo cathedral bombing
Philippine Daily Inquirer - 2019-07-24
JAKARTA, Indonesia -- Police said Tuesday they believe an Indonesian husband and wife carried out the suicide bombing of a cathedral in Jolo, Sulu in Mindanao in January that killed more than 20 ...

Mayweather: Pacquiao's 'legacy and career has been built off its association with my name'
philstar.com - 2019-07-24
"Y'all are just upset that I broke Rocky Marciano's record and hate that a Black, high school dropout outsmarted you all by beating all odds and retiring undefeated," Mayweather said. "Ultimately, I will have the last laugh," he added. Mayweather had been ...

Report: Huawei built North Korea's cell phone networks
CNN Philippines - 2019-07-23
(CNN) -- Huawei secretly helped build North Korea's cell phone network, potentially in violation of sanctions aimed at pressuring the regime to stop developing nuclear weapons, according to a ...

Amro cuts 2019, 2020 growth forecasts for PH
Philippine Daily Inquirer - 2019-07-23
The regional macroeconomic surveillance organization Asean+3 Macroeconomic and Research Office (Amro) has slashed its 2019 and 2020 growth projections for the Philippines to 6.3 percent and 6.5 ...

Manufacturers decry additional P4.1-B monthly cost of SOT bill
Philippine Daily Inquirer - 2019-07-23
The manufacturing industry might shoulder an additional P4.1 billion in monthly labor costs if the security of tenure (SOT) bill gets passed, data sent to Malacañang showed. Malacañang had asked ...

Fuel marking system seen in place by Q4
Philippine Daily Inquirer - 2019-07-23
After almost two years of delay, the implementation of the fuel marking program will be in full swing by the fourth quarter as the service provider is now preparing the necessary testing facilities.

SEC to streamline accreditation of external auditors
Philippine Daily Inquirer - 2019-07-23
The Securities and Exchange Commission (SEC) is poised to roll out by next month a one-stop shop for the accreditation of external auditors for the financial sector, covering entities regulated ...

Troubled Philippine nickel plant muddies Sumitomo Metal's outlook
NIKKEI - 2019-07-23
TOKYO -- Repeated operational problems at Sumitomo Metal Mining's nickel smelting site in the Philippines are threatening the company's reputation as a cost-competitive producer, with its tanking ...

FTC reportedly blasts Facebook for misleading users but didn't depose Zuckerberg in record-breaking $5 billion settlement
Business Insider - 2019-07-23
An image of a chain link. It symobilizes a website link url. An envelope. It indicates the ability to send an email. A stylized bird with an open mouth, tweeting. The word "in". A stylized letter F. Three evenly spaced dots forming an ellipsis: "..

Embedded finance, or why fintech mega VC rounds have become so common
TechCrunch - 2019-07-23
Another day, another monster fintech venture round. This morning, it was personalized banking app MoneyLion, which raised $100 million at a near unicorn valuation. Last week, it was N26, which ...

TikTok owner may have bought Jukedeck, an AI music startup
The Verge - 2019-07-23
ByteDance, the company behind TikTok, appears to have acquired a startup that develops AI-generated music software. The company, Jukedeck, made a tool that could automatically generate music and then let users adjust the length, tempo, and where it climaxed.

Annuities as retirement income
BusinessMirror - 2019-07-23
It is, therefore, a distinctive financial product. Edwin W. Kopf has described annuity as "the step-child of the insurance business." Examples of other form of annuities would include ...

How Boris Johnson's premiership will impact the UK telecom space in three key areas
Business Insider - 2019-07-23
An envelope. It indicates the ability to send an email. The letter F. A stylized letter F. A stylized bird with an open mouth, tweeting. An image of a chain link. It symobilizes a website link url. Three evenly spaced dots forming an ellipsis: "..

Apple asks Trump administration to exclude Mac Pro parts from tariffs
The Verge - 2019-07-23
Apple is asking the Trump administration to exclude parts for its Mac Pro desktop from tariffs, as first reported by Bloomberg. Apple filed a series of exemption requests with the Office of the US Trade Representative (first made public on July 18th ...

Flaws in widely used corporate VPNs put company secrets at risk
TechCrunch - 2019-07-23
Researchers have found several security flaws in popular corporate VPNs which they say can be used to silently break into company networks and steal business secrets. Orange Tsai and Meh Chang ...

Jeepney driver shot dead on Edsa
Philippine Daily Inquirer - 2019-07-23
MANILA, Philippines -- A jeepney driver was shot dead Tuesday night at the corner of Epifanio de los Santos Avenue (Edsa) and North Avenue in Quezon City. The police identified the driver as Roel ...

The first 'solar sailing' spacecraft is about to unfurl in orbit. It will be powered purely by light.
Business Insider - 2019-07-23
All spacecraft come with an expiration date: They can only travel as far as the fuel onboard allows. This is one of the biggest obstacles we face in attempting to explore deep space. But an experiment spearheaded by the Planetary Society may be a step ...

From Insomnia To Sexsomnia, Unlocking The 'Secret World' Of Sleep
NPR - 2019-07-23
We tend to think of being asleep or awake as an either/or prospect: If you're not asleep, then you must be awake. But sleep disorder specialist and neurologist Guy Leschziner says it's not that simple. "If one looks at the brain during sleep, we now know ...

Sailing Through Space on Solar Wind? LightSail 2 Will Try
New York Times - 2019-07-23
Sailing across the cosmos is finally becoming a reality. For centuries, it has been a dream: traveling through space powered only by the solar wind. It was first imagined in the 1600s by Johannes Kepler, the German astronomer. Centuries later, Arthur C.

Puerto Ricans head to San Juan in protest against their governor
Mashable - 2019-07-23
Mashable is a global, multi-platform media and entertainment company. Powered by its own proprietary technology, Mashable is the go-to source for tech, digital culture and entertainment content ...

Bustle Digital Group acquires small science and technology publication Inverse; five staffers were laid off
Business Insider - 2019-07-23
An image of a chain link. It symobilizes a website link url. An envelope. It indicates the ability to send an email. A stylized bird with an open mouth, tweeting. The word "in". A stylized letter F. Three evenly spaced dots forming an ellipsis: "..

More clues to mysterious illness among staff at U.S. embassy in Cuba
UPI.com - 2019-07-23
Nearly three years ago, U.S. diplomats in Cuba began experiencing hearing loss, dizziness and memory problems -- in what the Trump administration attributed to an attack of unknown origin. Now researchers say they have detected some "alterations" in the ...

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